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The credibility of monetary policy announcements : empirical evidence for OECD countries since the 1960s
Belke, Ansgar; Freytag, Andreas; Keil, Jonas; … - 2011
Monetary policy rules have been considered as fundamental protection against inflation. However, empirical evidence for a correlation between rules and inflation is relatively weak. In this paper, we first discuss likely causes for this weak link and present the argument that monetary commitment...
Persistent link: https://www.econbiz.de/10009569729
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Why have some monetary reforms succeeded and others not? An empirical assessment
Freytag, Andreas - 2001
macroeconomic model of commitment and credibility. As the dependent variable, we calculate a post-reform inflation rate. The …
Persistent link: https://www.econbiz.de/10010270683
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The Credibility of Monetary Policy Announcements - Empirical Evidence for OECD Countries since the 1960s
Belke, Ansgar; Freytag, Andreas; Keil, Jonas; … - 2012
Monetary policy rules have been considered as fundamental protection against inflation. However, empirical evidence for a correlation between rules and inflation is relatively weak. In this paper, we first discuss likely causes for this weak link and present the argument that monetary commitment...
Persistent link: https://www.econbiz.de/10010334520
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The credibility of monetary policy announcements : empirical evidence for OECD countries since the 1960s
Belke, Ansgar; Freytag, Andreas; Keil, Jonas; … - In: International review of economics & finance : IREF 33 (2014), pp. 217-227
Persistent link: https://www.econbiz.de/10010532731
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Why have some monetary reforms succeeded and others not? : An empirical assessment
Freytag, Andreas (contributor) - 2001
macroeconomic model of commitment and credibility. As the dependent variable, we calculate a post-reform inflation rate. The … crucial for the success of a monetary reform. -- Monetary Reforms ; Credibility ; Commitment ; Institutions …
Persistent link: https://www.econbiz.de/10001906719
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Success and failure in monetary reform : monetary commitment and the role of institutions
Freytag, Andreas - 2002
Persistent link: https://www.econbiz.de/10001653682
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Does central bank independence reflect monetary commitment properly? : Methodical considerations
Freytag, Andreas - In: Quarterly review / Banca Nazionale del Lavoro, Roma 54 (2001), pp. 181-208
Persistent link: https://www.econbiz.de/10001596582
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The credibility of monetary policy announcements : empirical evidence for OECD countries since the 1960s
Belke, Ansgar; Freytag, Andreas; Keil, Jonas; … - 2012
. -- credibility ; central bank independence ; price stability ; monetary commitment …
Persistent link: https://www.econbiz.de/10009579330
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The credibility of monetary policy announcements : empirical evidence for OECD countries since the 1960s
Belke, Ansgar; Freytag, Andreas; Keil, Jonas; … - 2012
. -- Credibility ; central bank independence ; price stability ; monetary commitment …
Persistent link: https://www.econbiz.de/10009580097
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The credibility of monetary policy announcements : empirical evidence for OECD countries since the 1960s
Belke, Ansgar; Freytag, Andreas; Keil, Jonas; … - 2012
Monetary policy rules have been considered as fundamental protection against inflation. However, empirical evidence for a correlation between rules and inflation is relatively weak. In this paper, we first discuss likely causes for this weak link and present the argument that monetary commitment...
Persistent link: https://www.econbiz.de/10010209948